Want to see IT:AVIO full AI Analyst Report?
Top Page
Avio S.p.A.
(AVIO)
Select Model
Select Model
Rating:67Neutral
Price Target:
€34.00
▲(18.88% Upside)
Action:Downgraded
Date:08/06/26
The score is supported primarily by strong balance-sheet conservatism and materially improved 2025 cash generation, alongside strong revenue growth. Offsetting this, profitability remains thin with margin compression, technical indicators point to mixed-to-weak intermediate momentum, and valuation is stretched given the high P/E and low dividend yield.
Positive Factors
Conservative Balance Sheet
Extremely low leverage and a stronger equity base provide durable financial flexibility to absorb program timing shifts, fund development or working capital, and avoid refinancing risk. This capital conservatism supports continued contract execution and investment over the medium term.
Negative Factors
Thin Profitability
Low and compressed margins limit the company’s ability to convert higher revenue into sustainable earnings and shareholder returns. This makes the business more sensitive to cost overruns, contract price pressure and reduces retained earnings available for reinvestment over time.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative Balance Sheet
Extremely low leverage and a stronger equity base provide durable financial flexibility to absorb program timing shifts, fund development or working capital, and avoid refinancing risk. This capital conservatism supports continued contract execution and investment over the medium term.
Read all positive factors
Avio S.p.A. (AVIO) vs. iShares MSCI Italy ETF (EWI)
Market Cap
€1.33B
Dividend Yield0.51%
Average Volume (3M)656.74K
Price to Earnings (P/E)82.9
Beta (1Y)0.76
Revenue Growth21.60%
EPS Growth84.46%
CountryIT
Employees1,425
SectorGeneral
Sector StrengthN/A
IndustryAerospace & Defense
Share Statistics
EPS (TTM)0.35
Shares Outstanding46,789,543
10 Day Avg. Volume749,352
30 Day Avg. Volume656,743
Financial Highlights & Ratios
PEG Ratio1.83
Price to Book (P/B)1.26
Price to Sales (P/S)1.48
P/FCF Ratio6.26
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
€42.75Price Target Upside49.48% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)0.25
Revenue Forecast (FY)€597.67M
Avio S.p.A. Business Overview & Revenue Model
Company Description
Avio S.p.A., together with its subsidiaries, specializes in the design, development, and manufacturing of advanced propellant propulsion systems for space launch vehicles, catering to both domestic Italian and international markets. Its operations...
How the Company Makes Money
Avio makes money primarily by (1) delivering launch-system programs and propulsion hardware under long-term contracts and institutional programs, and (2) providing services linked to launcher development, manufacturing, integration, and operationa...
Avio S.p.A. Financial Statement Overview
Summary
Income Statement
62
Positive
Balance Sheet
86
Very Positive
Cash Flow
88
Very Positive
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 593.83M | 483.99M | 343.70M | 73.22M | 324.14M |
| Gross Profit | 115.79M | 130.03M | 113.89M | 72.40M | 96.64M |
| EBITDA | 34.41M | 23.97M | 22.62M | 21.45M | 30.15M |
| Net Income | 10.48M | 6.09M | 6.49M | -435.00K | 8.48M |
Balance Sheet | |||||
| Total Assets | 1.66B | 1.09B | 1.06B | 1.29B | 1.24B |
| Cash, Cash Equivalents and Short-Term Investments | 291.85M | 101.68M | 95.59M | 131.40M | 104.61M |
| Total Debt | 10.14M | 11.59M | 19.46M | 56.95M | 47.45M |
| Total Liabilities | 955.58M | 779.52M | 744.75M | 982.10M | 926.12M |
| Stockholders Equity | 697.32M | 302.83M | 300.62M | 293.66M | 302.48M |
Cash Flow | |||||
| Free Cash Flow | 140.33M | 25.10M | 6.14M | 33.22M | 7.54M |
| Operating Cash Flow | 168.08M | 60.26M | 42.48M | 65.74M | 41.26M |
| Investing Cash Flow | -44.25M | -35.16M | -38.85M | -34.23M | -33.71M |
| Financing Cash Flow | 376.33M | -19.01M | -39.44M | -4.72M | -27.59M |
Avio S.p.A. Technical Analysis
Neutral
28.60
Price Trends
32.83
Negative
33.40
Negative
32.78
Negative
Market Momentum
-0.51
Negative
54.66
Neutral
91.01
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IT:AVIO, the sentiment is Neutral. The current price of 28.6 is below the 20-day moving average (MA) of 29.64, below the 50-day MA of 32.83, and below the 200-day MA of 32.78, indicating a neutral trend. The MACD of -0.51 indicates Negative momentum. The RSI at 54.66 is Neutral, neither overbought nor oversold. The STOCH value of 91.01 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IT:AVIO.
Avio S.p.A. Peers Comparison
UnderperformOutperform
Sector (55)
IT:AVIO
Avio S.p.A.
31.21
4.25
15.77%
IT:FCT
Fincantieri S.p.A.
13.32
-3.28
-19.76%
IT:LDO
Leonardo Spa
57.40
11.34
24.61%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.